Analysts to Keep an Eye on Michigan in Wake of Job Losses

Carvlin, Elizabeth
January 2006
Bond Buyer;1/25/2006, Vol. 355 Issue 32305, p32
Trade Publication
This article reports that rating agency analysts in Michigan will watch how Michigan make Ford Motor Co. job cuts in spending to offset what is projected to be moderate revenue growth. Ford will be closing its Wixom in Oakland County factory which will be a loss of 1,567 jobs. The budget has been balanced for the current fiscal year. However, as per analysts, as the state is facing the pressure of growing expenses in the coming years, the effect of job losses could be more of significance.


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